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$2,720 (target)

213 W Parrish Dr, Benson, NC 27504

3 beds • 3 baths • 1961 sqft

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This property looks like a bad Mid-Term investment with a projected -0.61% first-year return on $86,229 initial cash invested.

-0.61%

Cash On Cash

6.2%

Cap Rate

1.04

DSCR

$2,720

Rent

-$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,720 income − $2,764 expenses = $44 out of pocket

Income$2,720Out of Pocket$44Mortgage P&I$1,61559%Property Taxes$1104%Insurance$1144%Management$32612%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,720

Total Expenses

$2,764

Mortgage P&I

59%

$1,615

Property Taxes

4%

$110

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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